adjacent property line issues with neighbor

[Carlton Kohler]

I'm looking in to purchasing a home for a flip and after inquiring with the listing agent, she informed me that the property was possibly built over the neighboring property line. The house was built in 1992, so why is this just now coming up? Has anyone ever had to deal with something like this? 

[Bill Gulley]

This matter was discussed within a month, might search "property line" and "adverse possession" "prescriptive easements" are threads that touch on the matter.

What you need is a proper survey from the seller, the seller must provide good title, the listing agent knows this. If the seller and listing agent are aware of the encumbrance/encroachment they may looking for a buyer to pay for a survey, put it on them to prove they have clean title in order to sell.

It's not an issue that can't be overcome, with enough money. You could buy subject to the issue, not advised without much more detail and advise from your attorney.

A conventional lender won't buy the deal, that limits the seller's options to sell.

You might get a title company who gave a past title policy to cover the matter, that could change things as to lending aspects.

I've had these issues, usually not worth the brain damage unless there is a real upside potential in getting the matter cured. Good luck. :)